As modeless said chargebacks. Think about it this way: If you can buy Bitcoins online without verification you are basically opening up a goldmine to people wit

As modeless said chargebacks. Think about it this way: If you can buy Bitcoins online without verification you are basically opening up a goldmine to people with stolen credit cards. A user may make 100 fraudulent purchases on 100 different cards through 100 different accounts to 100 different Bitcoin addresses from 100 different IPs. You are stuck with 100 chargebacks, and he is stuck with a nice chunk of anonymous money. Now if you can find a way to avoid that, you have hit the jackpot :)